Fast Retailing to start selling breathable, fast-drying masks in summer
Fast Retailing Co. plans to start selling face masks in the summer to deal with the spread of the novel coronavirus, company officials said Sunday. The company changed its cautious stance on selling masks in response to strong customer needs, according to the officials. It plans ...
Fast Retailing Co. has said that domestic same-store sales at its Uniqlo casual wear chain in April fell 56.5 percent from a year before, the largest single-month drop since the company started to release data in September 1996. The plunge came as many Uniqlo stores ...
Fast Retailing sharply cuts earnings outlook due to virus outbreak
Fast Retailing Co. on Thursday sharply cut its earnings outlook for its business year ending in August as the global outbreak of the new coronavirus forced the casual clothing retailer to close most of its overseas stores in Asia, Europe and North America. In its ...
Fast Retailing closing all Uniqlo stores in U.S. amid virus spread
Fast Retailing Co. said it will temporarily close all 50 of its Uniqlo-brand casual fashion outlets in the United States starting Tuesday due to the spread of the coronavirus. The move comes after retailers including Nike Inc. and Lululemon Athletica Inc. announced similar closures as ...
Retailers are expanding outlet suspensions in China amid the unfolding coronavirus crisis, with about half of the Uniqlo apparel and Muji household goods stores there being shut. Fast Retailing Co. has closed about 370 of its 750 Uniqlo outlets in China, up from about 160 ...
Uniqlo sees worst drop in overseas sales in decade amid Hong Kong unrest and South Korea row
Political flare-ups in Asia are putting the brakes on Fast Retailing Co.'s overseas momentum, as the Uniqlo operator reported the worst decline in its quarterly revenue in a decade for its international segment. Asia's largest retailer has long counted on overseas expansion to power growth ...
Fast Retailing Co. Chief Executive Officer Tadashi Yanai is leaving SoftBank Group Corp.'s board after more than 18 years as one of the few directors with the heft to challenge Masayoshi Son. Yanai, Japan's richest man, will step down on Tuesday, according to a SoftBank ...
For Japan's economy, worst of South Korea boycott may have passed
While a South Korean consumer boycott of Japanese products continues in the wake of a prolonged dispute over wartime history and trade, economists say Japan has already seen the worst of its economic repercussions. Concerns had grown among businesses as moves to shun Japanese brands ...
Apps and gadgets that measure up
From clothing sizes to heart-rate monitoring, technology is changing the way we measure ourselves.
Uniqlo ad sparks protest and parody as South Korea-Japan dispute flares
A commercial by clothing brand Uniqlo has stirred a consumer backlash in South Korea amid accusations that it mocks victims of wartime labor and "comfort women," reopening deep wounds from Japan's colonial past. A YouTube video created by a South Korean student parodying the ad ...
Fast Retailing logs record profits on strong Uniqlo sales overseas
Fast Retailing Co. has reported record profits and sales for the fiscal year through August, propelled by strong sales at its Uniqlo Co. casual clothing brand in Asia and Oceania. The operator of the Uniqlo chain expects another the current business year to set another ...
Confusion reigns over scope of the forthcoming tax hike
When the government raised the consumption tax from 5 percent to 8 percent in April 2014, Japan suffered a recession. One possible indicator if such a downturn will happen prior to next month's long-delayed hike to 10 percent is how much people are spending ...
